India-born Gita Gopinath was appointed as the Chief Economist of the International Monetary Fund (IMF) on Monday, making her the second Indian after former RBI governor Raghuram Rajan to hold the position. She currently serves as the John Zwaanstra Professor of International Studies and Economics at Harvard University.
Gita’s research focuses on International Finance and Macroeconomics. She is co-director of the International Finance and Macroeconomics program at the National Bureau of Economic Research, a visiting scholar at the Federal Reserve Bank of Boston, member of the economic advisory panel of the Federal Reserve Bank of New York, Economic Adviser to the Chief Minister of Kerala state (India), co-editor of the American Economic Review, co-editor of the current Handbook of International Economics and was managing editor of the Review of Economic Studies.
“Gita Gopinath is one of the world’s outstanding economists, with impeccable academic credentials, a proven track record of intellectual leadership, and extensive international experience,” IMF managing director Christine Lagarde said.
An IMF statement said she would be the economic counsellor and director of the IMF’s research Department. She will succeed Maurice Obstfeld who has announced his retirement at the end of 2018.
In 2014, she was named one of the top 25 economists under 45 by the IMF and she was chosen as a Young Global Leader by the World Economic Forum in 2011.
IMF Managing Director Christine @Lagarde appoints Harvard’s Gita Gopinath as IMF Chief Economist, replacing Maury Obstfeld who will retire from IMF in December. https://t.co/M6UV5qH714 pic.twitter.com/k16ztkYIwi
— IMF (@IMFNews) October 1, 2018
An alumnus of Lady Shri Ram College and Delhi School of Economics in the national capital, Prof. Gopinath had to the United States for higher studies in the late nineties. She received her Ph.D. in economics from Princeton University in 2001.
Gita Gopinath has also served as a member of the Eminent Persons Advisory Group on G-20 Matters for India’s Ministry of Finance.